Is it worth it?
Article by Melissa
Korn
Only
a small share of M.B.A.s
are sponsored—at most do
honor their contracts,
employers and students say.
In
exchange for tuition and,
for some, living expenses,
M.B.A.s must stay with the
firm for two years after
graduation
.
Now, students tend to view
their sponsorships as "a put
option with cheap financing
attached,”
MBA IN TAXATION
MASTERS IN TAXATION
Financial Accounting
3
Business Communication I
0
Business Communication II
0
Financial Accounting
3
Principles of Federal Income Taxation
3
Information Systems for Managers I
1.5
Corporate Taxation I
3
Fundamentals of Microeconomics
1.5
Corporate Taxation II
3
Partnership Taxation
3
Estate, Trusts, and Planning
3
Tax Procedures & Professional Responsibility in Tax
Practice
3
Financial Decision Making
3
International Business Fundamentals
1.5
Management: A Behavioral Approach
3
Service Operations I
1.5
Marketing Management
3
Applied Statistical Analysis for Business Decisions
3
Courses in Major (12 credits)
Credits
Principles of Federal Income Taxation
3
Corporate Taxation I
3
Partnership Taxation
3
Tax Procedures and Professional Responsibility in Tax
Practice
Choose at least one of the two below:
3
Business and Society
3
Legal and Ethical Environment of Business
3
Choose two from:
Choose 3
International Taxation
3
Real Estate Taxation
3
Deferred Compensation
3
Consolidated Tax Returns
3
S Corporations
2
Estate Planning
2
State and Local Taxes
3
Fundamentals of Managerial Accounting
1.5
Current Problems in Taxation
3
Information Systems for Managers II - Managing and
Harnessing Technology
Fundamentals of Macroeconomics
1.5
Personal Financial Planning
3
Service Operations II
1.5
1.5
39
30
FOR NEWLY MINTED M.B.A.S, A
SMALLER PAYCHECK AWAITS





MBA Job Market Decrease
Tuition and fees for fulltime M.B.A. programs has
risen 24% over the past
three years
For Graduates median
pay was $53,900 in 2012
Average student loan debt
climbed was $81,758 in
2010 (WSJ)
Ruth Simon
A SMART INVESTOR
WOULD SKIP THE MBA

Invest in Yourself
Skill Training
Networking
Classroom vs Hands-On

Dale Stephens



Qualifications
Qualifications
The
ideal candidate will have an MBA, plus 3-5 years experience in a business
development, strategic alliances, management consulting firm or an internal consulting
Solid
and investment
Proficiency
a wide range of
role• (or
5+ industry
years of experience
in oneknowledge.
of these roles
in lieu ofacross
an MBA).
OUR
REQUIREMENTS
traditional and alternative Investment products. Clear awareness of key issues affecting
institutional
working
knowledge
our competitors.
To investors.
qualify, Ayou
should
have aofstrong
business background
In addition:
• BA/BSin
degree
in related
field
(Economics,
Finance
or Accounting).
is
Experience
theafinancial
services,
data analytics,
payments,
governance
risk
&
and
personal
history
of success.
You
should
beMBA/CFA
a selfstrongly desired
compliance
(GRC), trading analytics or targeted marketing space is highly desired
starter,
possess
unequivocal
honesty and integrity and be
• Has, or
is willing
obtain,institution
the series 7,
and 3 licenses.
Advanced
degree
fromtotop-tier
or63,
experience
equivalent
highly
motivated
in
helping
others
financial
Competencies
Problem
solving skills - Candidate must demonstrate the achieve
ability to identify
key issues,
gather data independence.
to investigate thoseStrong
issues and
develop actionable
Given a
interpersonal
andrecommendations.
communication
The
ideal
candidate
will
possess
the
following
skills/traits:
strong fact base,
candidate
should be
able to
of view in the
of
skills
and FINRA
Series
7 maintain
and 63 point
registrations
areface
preferred.
•
Self-managed,
highly
driven
by
relationship
management
and
revenue
generation.
resistance
Aintellectual
background
in
accounting,
banking,
brokerage
• Proven
ability
andlaw,
interpersonal
skills.with
Able
to establish
Analytical
skills
- Candidate
must
be
highly
analytical
experience
incredibility
definingorwith
and influence
the institutional
community.
executive
will
be
particularly
An
analytical
approaches
formanagement
projects investor
and applying
a range
of analyticaluseful.
tools to synthesize
• Highly
effective
in forging
working
relationships (MBA,
with teamJD,
members
andCPA,
business
insights
andadvanced
develop solutions
degree
or designation
CFP®,
counterparts.
Project
management skills - Candidate must be able to meet commitments and balance
ChFC)
a plus.
•
Excellent
verbal,is
written
communication and presentation skills.
competing priorities
• Strong time management,
organizational
andstrong
problem
solving
Communications
skills - Candidate
must possess
written
andskills.
oral executive-level
• Strong professional
and personal
integrity.
communications
skills, including
the ability
to quickly adjust message based on different
audiences and agendas

Verification of Skill
Recognizes professional achievement
 Recognizes professional competence


Economics
Attracts Clients
 Career Advancement




Performance Improvement
Cutting Edge of Development
Enhanced Self-Esteem
The Value of Certification
NO CAP
CAP





$73.95
$4.99 Per
practice test


May 2014 Exams
May 3, 2014
Application Deadline: Feb. 15
Late Deadline: Feb. 28; with
an additional $50 late fee
Exam Date: May 3
Exam Fees:
CAP Exam - Member: $275
CAP Exam - Nonmember:
$450
OM Specialty - Member: $175
OM Specialty - Nonmember:
$350
https://www.isc2.org/
http://www.payscale.com/index/US/Certification
Requirements:
Results-driven, highly motivated self-starter who possesses integrity,
a strong work ethic and the desire to help others plan for and protect
their financial futures.
Team player who possesses excellent interpersonal skills and
communication abilities, with a high degree of self-confidence.
Ability to draw upon past/present experiences and acquaintances to
develop markets and build upon them to sustain long-term
partnerships.
Must be a US Citizen or permanent resident.
A four-year college degree is preferred and relevant professional
FINRA securities registrations are a plus. If you do not have the
following, you will be required to attain them, under the sponsorship
of AXA Advisors: state life and health licenses, FINRA Series 7 and 66
registrations or equivalent.
AXA - Advisors, LLC
Financial Accounting
3
Business Communication I
0
Business Communication I
Business Communication II
0
Accredited Customer Service Representative (ACSR)
Information Systems for Managers I
1.5
Information Systems for Managers I
Fundamentals of Microeconomics
1.5
Fundamentals of Microeconomics
Financial Decision Making
International Business Fundamentals
Management: A Behavioral Approach
Service Operations I
3
1.5
3
1.5
Marketing Management
3
Applied Statistical Analysis for Business Decisions
3
Courses in Major (12 credits)
Chartered Financial Analyst (CFA)
International Business Fundamentals
Service Operations I
3
Corporate Taxation I
3
Partnership Taxation
3
Tax Procedures and Professional Responsibility in Tax
Practice
Choose at least one of the two below:
3
1.5
Pragmatic Marketing Certified (PMC)
Applied Statistical Analysis for Business Decisions
Credits
Principles of Federal Income Taxation
Certified Financial Planner (CFP)
Certified Fraud Examiner (CFE)
Certified Fund Raising Executive (CFRE)
CAP
Business and Society
3
Choose at least one of the two below:
Legal and Ethical Environment of Business
3
Business Certificate
Board Certified Behavior Analyst (BCBA)
Choose two from:
Fundamentals of Managerial Accounting
1.5
Information Systems for Managers II - Managing and
Harnessing Technology
Fundamentals of Macroeconomics
1.5
Service Operations II
1.5
1.5
39
1.5
Certified Business Manager (CBM)
Choose two from:
CMA
Information Systems for Managers II - Managing and
Harnessing Technology
Fundamentals of Macroeconomics
Service Operations II
3






http://www.payscale.com/index/US/Certification
http://zicklin.baruch.cuny.edu/programs/graduate
http://www.proformative.com/resources/valuecertification
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